The Sensex fell 336 points to close at 60923

The storm created by the ups and downs facing each other

(Gujarat News Correspondent) MUMBAI: The Sensex lost 31,000 points and the Nifty lost 1,400 points today as funds, experts continued to ease their overbought position with all-round profit bookings in stocks this week after witnessing a long and stormy rally in the Indian stock market. Over the last few days, index-based bearish players have been on a downward spiral, with players trapping the bearish players by continuing to rise. The players continued to feed. Of course the bullish players eased the bullish trade further as the bullish players started short covering today. So today, the Sensex, Nifty based face-to-face storm was created. IT-Software Services, large-scale profit booking of funds in technology stocks and offloading in metal-mining stocks. .50 and Nifty spot after an initial fall of 216.50 points, finally fell by 3.50 points to close at 1912.10.

Sensex plunges by 8 points to fall to 203

Trading started strong today. The benchmark Sensex opened at 213.5 against the previous close of 215.3. Reached. From the rise in the fund's IT stocks, including Infosys, TCS, HCL Technology to big sellers and Reliance Industries, Asian Paints, Tata Steel, Dr. Reddy's Laboratories, Hindustan Unilever, IndusIn Bank, Bharti Airtel. Banking stocks of the funds, which had declined sharply to 303.3, were able to absorb the decline and finally fell by 3.4 points to close at 203.50.

Nifty initially rose to 19 intra-day 415 points fell to 1703 at the end of 5 points fell to 1912

NSE's Nifty spot opened at 19.20 against the previous close of 12.50. Including the attraction increased to 12.50. After a big offloading in Reliance Industries and a sell-off in Infosys, TCS, HCL Technology, Tech Mahindra and Hindalco, Asian Paints, Hero MotoCorp, Adani Ports and JSW Steel. Banking stocks finally fell by 3.50 points to close at 1919.10.

Bankex jumps 30 points: Kotak Bank jumps Rs 151 to new high of Rs 517: Geojit, Indian Bank

The BSE Bankex Index jumped 20.6 points to close at 4.5 on buying by funds in banking-finance stocks today. Kotak Mahindra Bank jumped by Rs 151.15 to Rs 313.5. Federal Bank up Rs 2.50 to Rs 4.5, AU Small Finance Bank up Rs 4.5 to Rs 119.50, Citi Union Bank up Rs 4.5 to Rs 120.5, ICICI Bank up Rs 11 State Bank of India increased by Rs. 20 to Rs. 205.05, Axis Bank by Rs. 2.10 to Rs. .50 were. Along with this, Geojit Fin jumped by Rs 2.50 to Rs 2.50, Indian Bank by Rs 10.8 to Rs 19, Union Bank by Rs 7.5 to Rs 20.50, IIFL Finance by Rs 19.10. Bank of Maharashtra rose by Rs 1 to Rs 21.5, RBL Bank by Rs 2.50 to Rs 19.50.

IT stocks plunge: IT index down 3 points: Sonata, NIIT, Coforge, Mindtree, Nelco

IT-software services, technology stocks crashed again today after a relentless tumultuous rise in recent days. The funds had an overbought position in several stocks. The BSE IT index fell 3.50 points to close at 2021.30. Sonata Software fell by Rs 4.5 to Rs 2.15, NIIT fell by Rs 2.50 to Rs 4.05, Eclarks Services fell by Rs 12.5 to Rs 5,050, Coforge fell by Rs 2.50 to Rs 4. Nelco fell by Rs 4.5 to Rs 2.50, L&T Technology fell by Rs 2.50 to Rs 30.5, Persistent fell by Rs 120.5 to Rs 209.50, Nazara Technology fell by Rs 15. 06 fell to Rs 2.50, L&T Infotech fell by Rs 4.5 to Rs 21.15, Tata Alexi fell by Rs 4.5 to Rs 2.50, Mastek fell by Rs 105.10 to Rs 4.5. , Oracle Finserv fell by Rs 12.5 to Rs 2.09, Infosys fell by Rs 4.5 to Rs 12.5, TCS fell by Rs 4.5 to Rs 2.50, HCL Technology fell by Rs 20.50 to Rs. 1311.5, Tech Mahindra fell by Rs. 18.5 to Rs.

Metal index down 3 points: Hind Zinc at Rs 19, Hindalco at Rs 15, Tata Steel at Rs 19, JSW at Rs 19

In metal-mining stocks, the BSE Metal Index fell by 2.4 points to close at 203.50 on continued selling by funds today. Hindustan Zinc fell by Rs 15 to Rs 2.50, Hindalco by Rs 15 to Rs 5, APL Apollo by Rs 4.5 to Rs 5, NMDC by Rs 2.50 to Rs 16.05, Jindal Steel by Rs. JSW Steel was down by Rs 11.50 to Rs 4.5, Vedanta was down by Rs 5 to Rs 30.50 and Sail was down by Rs 1.10 to Rs 115.50.

Reliance Industries' Nomura downgrade continues to have an impact of Rs 5 to Rs 3: Adami total gas jumps Rs 5

Oil-gas stocks saw a mixed trend today. International crude oil prices continued to soften on rising crude stocks in the US, with Brent crude falling 3 cents to ૬ 2.15 a barrel and Nymex crude falling 21 cents to close at ૦૧ 2.01. Shares of Reliance Industries fell by Rs 2.50 to Rs 5 on the back of continued negative impact of Nomura's downgrade. Indraprastha Gas was down by Rs 4.5 to Rs 21.5 and Gail was down by Rs 2.10 to Rs 19.50. While BPCL rose by Rs 2.50 to Rs 30.50, HPCL by Rs 2.50 to Rs 4.5, Adani Total Gas by Rs 4.5 to Rs 19.05.

Buy in preferred stocks despite selling in small, mid-cap stocks: 12 stocks negative: 3 stocks bearish circuit

Small, mid-cap, cash stocks today for the fourth day in a row, the market breadth was much worse than the broad sell-off by funds, operators, high networth investors, players. Of course, in many stocks of choice today, funds, operators became re-takers. Out of the total 6 scrips traded on the BSE today, the number of gainers was only 16 and the number of declines was 16. The only seller in 8 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

Investors' assets washed away by Rs 2.5 lakh crore in three days Rs 2.5 lakh crore: Rs 1.5 lakh crore washed away today

The market capitalization of companies listed on the BSE-investors' assets fell by a further Rs 1.5 lakh crore to Rs 4.5 lakh crore in a single day as funds, players and investors rallied. Thus, in three days, investors' wealth-market capitalization in stocks has eroded by a whopping Rs 2.5 lakh crore.

Net sale of Rs 216 crore shares in FPI / FII cash: Net purchase of Rs 5 crore shares in DII cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Thursday) saw a net sale of Rs 219.50 crore in cash. A total of Rs 13,8.13 crore was sold against a total purchase of Rs 11,312.5 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 4.5 crore in cash today. A total of Rs 31.7 crore was sold against a total purchase of Rs 20.15 crore.